By Abhi Golhar | Forbes
Whether you want to diversify your investments, develop cash flow for your retirement years or achieve other financial goals, investing in real estate can be a smart idea. Real estate tends to be less volatile than the stock market, and the owners of investment properties can benefit from price appreciation as well as the current rent roll.
That does not mean that owning investment real estate is an easy road to riches. If it were, everyone who owned an apartment building or a rental home would be rich, and clearly, that is not the case. If you are new to the world of real estate investing, you need to plan carefully, develop a strategy for success and treat your new endeavor like the business it is. In my experience as a real estate investor, it makes sense to understand your investment personality, but also the role the business of real estate plays in your daily life. Here are some timely tips new real estate investors can use to make more money while reducing their risk.
